The Boston Beer Company, Inc. $SAM Shares Acquired by Gotham Asset Management LLC

Gotham Asset Management LLC increased its stake in The Boston Beer Company, Inc. (NYSE:SAM) by 16.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 248,910 shares of the company’s stock after buying an additional 35,644 shares during the period. Gotham Asset Management LLC’s holdings in Boston Beer were worth $48,570,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Boston Beer by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock worth $202,776,000 after acquiring an additional 89,053 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Boston Beer by 340.4% in the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock worth $136,801,000 after acquiring an additional 500,120 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Boston Beer by 5.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 271,516 shares of the company’s stock worth $52,981,000 after acquiring an additional 13,113 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Boston Beer by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock worth $56,191,000 after acquiring an additional 3,336 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Boston Beer by 35.7% in the 3rd quarter. American Century Companies Inc. now owns 123,034 shares of the company’s stock worth $26,012,000 after acquiring an additional 32,382 shares during the last quarter. 81.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SAM has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $233.00 target price on shares of Boston Beer in a report on Friday, May 1st. Sanford C. Bernstein lowered their price target on Boston Beer from $218.00 to $210.00 and set a “market perform” rating on the stock in a report on Tuesday, May 5th. Wall Street Zen upgraded Boston Beer from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Evercore set a $240.00 price target on Boston Beer in a report on Friday, May 1st. Finally, Roth Mkm set a $315.00 price target on Boston Beer in a report on Friday, May 1st. Ten research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Boston Beer has an average rating of “Reduce” and an average target price of $235.64.

Boston Beer Trading Down 4.9%

SAM opened at $171.36 on Thursday. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of -27.20, a PEG ratio of 2.32 and a beta of 0.79. The Boston Beer Company, Inc. has a 1 year low of $158.68 and a 1 year high of $264.46. The stock has a fifty day moving average price of $203.50 and a 200 day moving average price of $213.01.

Boston Beer (NYSE:SAM) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). The firm had revenue of $433.93 million for the quarter, compared to analyst estimates of $436.06 million. Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. Boston Beer’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.16 EPS. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, sell-side analysts forecast that The Boston Beer Company, Inc. will post 9.77 earnings per share for the current fiscal year.

Key Headlines Impacting Boston Beer

Here are the key news stories impacting Boston Beer this week:

• Positive Sentiment: Multiple reports say Scottish fans consumed enough beer in Boston to run bars dry, giving Samuel Adams and Boston Beer a viral publicity lift and reinforcing demand for the company’s beer brands. Boston bars run out of beer during 2026 World Cup celebrations: reports
• Positive Sentiment: The Samuel Adams Boston taproom and nearby bars were described as overwhelmed by demand, which could support near-term sales and brand awareness for Boston Beer. The Samuel Adams Boston taproom thought it had enough beer — then Scottish soccer fans arrived
• Neutral Sentiment: Boston Beer also announced a Dogfish Head summer cocktail promotion, but the release looks more like routine brand marketing than a major earnings or guidance catalyst. DOGFISH HEAD DROPS THE “SECRET STASH COOLER” BECAUSE SOME COCKTAILS ARE TOO GOOD TO SHARE

About Boston Beer

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.